Which of the Following Sentences About the Benefits of Foreign

question 103

Multiple Choice

Which of the following sentences about the benefits of foreign investment is true?

• A)Foreign investment is invited only in labor-intensive industries.
• B)The emphasis on capital-intensive industries is that foreign investment has more effect on employment in developing countries.
• C)Most expenditures on research and development are made by the major developing countries.
• D)The ability of foreign firms to utilize modern technology in a developing country depends on having a supply of engineers and technical personnel in the host country.
• E)Foreign investment will improve balance of payments if the foreign investment is used to produce goods primarily for domestic consumption.

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Definitions:

Consideration

The value (such as money, goods, or services) that is exchanged between parties in a contract.

Contractual Obligation

A duty or commitment that a party is bound to fulfill as per the terms of a contract.

Resurface Driveway

The process of repairing and overlaying the existing pavement of a driveway with new material to restore its surface.

Essential Elements

Fundamental components or factors that are necessary to form or define a particular entity or concept.